Gold price today, Friday, October 31: Gold opens above $4,000 once again

Gold (GC=F) futures opened at $4,038.20 per ounce on Friday, up 0.9% from Thursday’s close of $4,001.30. The price of gold eclipsed $4,000 on Thursday — after falling below that level on Monday — and has remained above $4,000 since. According to a new report from the World Gold Council, central bank gold buying rose 28% in the third quarter compared to the prior period. This activity drove higher gold prices through the end of September. Investors contributed to the price run-up with purchases of ETFs a ...